Bessent Shows Support as Bitcoin Trades in a Slump

[lingriiddd]

Treasury Secretary Scott Bessent’s visit to a Bitcoin-themed bar comes as the cryptocurrency faces weakening sentiment.
After hitting an all-time high of $125,100 in early October, Bitcoin has fallen to around $85,500. Social media sentiment remains split, with predictions ranging from deep drops to new highs. Pubkey DC also drew attention thanks to its NYC counterpart, which hosted Donald Trump during his 2024 campaign.

[Nahid Hossen]

Support during a slump means more than support during a rally — that’s real conviction. 🟧

[Abdul Khan]

Smart investors accumulate when sentiment is weak. Classic move. 🧠